Kalshi Secures $1 Billion, Doubling Valuation to $22 Billion
- Kalshi raised $1 billion in a new funding round led by Coatue Management.
- The investment doubled Kalshi’s valuation from $11 billion in December to $22 billion.
- Previous investors included Paradigm, Ark Invest, Andreessen Horowitz, and Sequoia Capital.
- Rival Polymarket was valued at $9 billion following a $2 billion investment by Intercontinental Exchange in October 2025.
Kalshi’s recent funding round highlights the rapid growth and investor interest in prediction markets, with its valuation doubling within a year due to strategic investments from major players like Coatue Management and previous rounds involving Paradigm and others.
This significant capital influx positions Kalshi as a leader in the prediction market space, with its valuation now surpassing that of rival Polymarket. Source
